Brazilian listed company Méliuz plans to continue increasing its holdings of Bitcoin worth 26.5 million dollars

ChainCatcher news, according to Cryptonews, Brazilian listed company Méliuz plans to purchase an additional $26.5 million worth of Bitcoin. Méliuz stated that it intends to raise at least 150 million reais (approximately $26.5 million) through the issuance of stocks or convertible bonds, and is working with investment bank BTG Pactual to advance its financing plan.

Previous news, Brazilian fintech company Méliuz spent $28 million to purchase Bitcoin, becoming the first listed company in South America to establish a Bitcoin reserve.